Elyse Energy Secures €120M Investment for Sustainable Projects
Deal News | Dec 03, 2024 | Mirova SA
Elyse Energy, a leading French company in the production of sustainable fuels and low-carbon feedstocks, has successfully secured approximately EUR120 million in funding. The funding round attracted investments from prominent firms including Hy24, PGGM, Bpifrance, and Mirova. The capital injection will be directed towards advancing Elyse Energy's projects in producing e-methanol and sustainable aviation fuel. These initiatives are aligned with efforts to decarbonize the aviation, maritime, and chemical industries, in response to a heightened demand for environmentally sound solutions. The projects are situated in France and Spain and represent a significant step towards achieving emission reductions and fostering sustainable energy transformation.
Sectors
- Renewable Energy
- Aviation
- Chemical Manufacturing
Geography
- France – Elyse Energy is a French company and part of the projects funded will be located in France.
- Spain – The company's initiatives include projects based in Spain.
Industry
- Renewable Energy – Elyse Energy is involved in producing sustainable fuels which align with renewable energy initiatives.
- Aviation – The funding will support the production of sustainable aviation fuel, which is pivotal for decarbonization in the aviation sector.
- Chemical Manufacturing – Elyse Energy's projects also address the needs of the chemical sector through low-carbon feedstock.
Financials
- €120 million – The amount secured by Elyse Energy from the investment firms to support its sustainable projects.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Elyse Energy | Target | Company | French company specializing in sustainable fuels and low-carbon feedstock. |
| Mirova | PE Firm | Company | A private equity firm investing in sustainable projects. |
| Hy24 | Investor | Company | An investing firm participating in the funding round. |
| PGGM | Investor | Company | Dutch pension fund service provider investing in sustainability. |
| Bpifrance | Investor | Company | French national investment bank supporting businesses. |